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Garv Industries IPO vs Mahickra Chemicals IPO

Comparison between Garv Industries IPO and Mahickra Chemicals IPO.

IPO Details

Garv Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Mahickra Chemicals IPO is a SME Bookbuilding proposed to list at NSE SME.

 Garv Industries IPOMahickra Chemicals IPO
LogoGarv Industries IPO LogoMahickra Chemicals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Garv Industries IPO is up to ₹3.03 Cr whereas the issue size of the Mahickra Chemicals IPO is up to ₹4.98 Cr. The final issue price of Garv Industries IPO is ₹10.00 per share and of Mahickra Chemicals IPO is ₹25.00 per share.

 Garv Industries IPOMahickra Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹24.00 per share
Issue Price (Upper)₹25.00 per share
Issue Price (Final)₹10.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size10000 shares6000 shares
Fresh Issue Size30,30,000 shares19,92,000 shares
Fresh Issue Size (Amount)up to ₹3.03 Crup to ₹4.98 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total30,30,000 shares19,92,000 shares
Issue Size Total (Amount)up to ₹3.03 Crup to ₹4.98 Cr

IPO Timetable

Garv Industries IPO opens on Apr 12, 2018, while Mahickra Chemicals IPO opens on Apr 16, 2018. The closing date of Garv Industries IPO and Mahickra Chemicals IPO is Apr 17, 2018, and Apr 18, 2018, respectively.

 Garv Industries IPOMahickra Chemicals IPO
Anchor Bid Date
Issue OpenApr 12, 2018Apr 16, 2018
Issue CloseApr 17, 2018Apr 18, 2018
Basis Of Allotment (Tentative)Apr 20, 2018Apr 23, 2018
Initiation of Refunds (Tentative)Apr 23, 2018Apr 24, 2018
Credit of Share (Tentative)Apr 24, 2018Apr 25, 2018
Listing date (Tentative)Apr 25, 2018Apr 26, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Garv Industries IPO P/E ratio is , as compared to Mahickra Chemicals IPO P/E ratio of .

 Garv Industries IPOMahickra Chemicals IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Jan-18
Total Assets 1,036.35
Total Revenue 1,459.18
Profit After Tax 11.43
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 2562.24 1817.89 1781.93 2089.50 1063.95
Total Revenue 4225.85 3478.82 4275.15 4355.99 1932.94
Profit After Tax 35.27 15.17 8.60 17.36 9.31
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Garv Industries IPO Retail Individual Investors (RII) are offered 15,15,000 shares while in Mahickra Chemicals IPO retail investors are offered 15,15,000 shares. Qualified Institutional Buyers (QIB) are offered in Garv Industries IPO and in Mahickra Chemicals IPO.

 Garv Industries IPOMahickra Chemicals IPO
Anchor Investor Reserveration
Market Maker Reserveration1,70,000 shares1,08,000 shares
QIB
NII15,15,000 shares9,96,000 shares
RII15,15,000 shares9,96,000 shares
Employee
Others
Total30,30,000 shares19,92,000 shares

Bids Received (Subscription)

Garv Industries IPO subscribed 2.13x in total, whereas Mahickra Chemicals IPO subscribed 27.85x.

 Garv Industries IPOMahickra Chemicals IPO
QIB (times)
NII (times)2.17x22.42x
Big NII (times)
Small NII (times)
RII (times)1.89x9.88x
Employee (times)
Other (times)
Total (times)2.13x27.85x